Las Vegas to Allow Marijuana Dispensaries

AVT comments on this momentous decision and how this may spark additional revenue growth

Mar 21, 2014, 09:20 ET from AVT, Inc.

CORONA, Calif., March 21, 2014 /PRNewswire/ -- AVT, Inc. (OTC Markets: AVTC) (, a leader in manufacturing safe and secure storage and dispensing systems for the marijuana industry, commented today on the news that officials in Las Vegas and Clark County, Nevada passed new regulations that will allow for medical marijuana dispensaries to be established.

Clark County commissioners approved land-use and licensing rules that clear the way for prospective medical marijuana entrepreneurs to begin filing applications for special-use permits next month.

A similar decision by the Las Vegas council means that the city will likely become the second in the valley to allow medical marijuana businesses.

This means that Southern Nevada's two largest local governments have moved firmly in the direction of allowing medical marijuana businesses, which was approved by voters, but no system to legally distribute it was established until a recent bill was passed allowing for a network of cultivation facilities, testing labs and dispensaries.

"Medbox, one of our key clients, is well positioned to provide systems and expertise to the Nevada dispensary market," Shannon Illingworth, Founder and Chairman of AVT commented. "As the manufacturing partner for Medbox, we believe that the opening of the Nevada market could provide AVT with significant additional orders for units in the near future."

For more information on AVT, call (877) 424-3663, or visit:

To read a news report on this topic, visit:  

Forward-Looking Statements: The statements in this and all company press releases constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties include, but are not limited to, technical advances in the industry as well as political and economic conditions present within the industry. We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made.